How Transactions Work

  • ATM card is entered into the ATM - PIN is entered - Amount is entered for withdrawal
  • ATM dials the appropriate network (Star, Presto, Plus, Cirrus, etc.)
  • The appropriate network then contacts the customer's financial institution to verify funds
  • If approved, the amount requested plus any surcharge is debited from the customer's account
  • The transaction is processed through the Federal Reserve's automated clearing house (ACH)
  • The surcharge and the amount withdrawn are electronically deposited in the owner of the ATM's account

ATM Connections Methods

There are 5 options:

5 Seconds
Direct Ethernet via TCP/IP
& wireless connection via TCP/IP


ATM Bank Process Connection

Costs:
Direct Ethernet
via TCP/IP
If ATM is TCP/IP capable – just Internet connection fee

Wireless Connection
via TCP/IP
Wireless cell connection – box is $600 + monthly service fee of $19.95; or rent for $39.95 per month

10-15 Seconds
Wireless connection via dial-up



ATM Bank Process Connection

Costs:
Wireless Connection
via Dial-up
Wireless cell connection - box is $600 + monthly service fee of $19.95; or rent for $39.95 per month

15-20 Seconds
Standard dial-up and Ethernet converter


ATM Bank Process Connection 

Costs:
Standard Dial-up
Dial-up – No encryption fee, just need to pay for phone line

Ethernet Converter
Ethernet converter box – $250, no phone line fee (can use existing Ethernet connection)